what will be the transaction of this in general journal?
John transferred 8000$ from his business bank account to his private bank account,1200$ of which was to reimburse himself for car expenses incurred on business use.The remaining 6,800$ was withdrawn for private use.
John transferred 8000$ from his business bank account to his private bank account,1200$ of which was to reimburse himself for car expenses incurred on business use.The remaining 6,800$ was withdrawn for private use.